The Sustainable Economic Empowerment and Development (SEED) Fund
The Sustainable Economic Empowerment and Development (SEED) Fund is designed to strengthen the financial wellbeing of family child care business owners in Philadelphia, particularly those operating in under resourced communities. Historically, these businesses face systemic inequities, low wages, and limited access to retirement planning, which makes building financial stability and generational wealth extremely challenging. Through this initiative, participants will receive financial education, retirement planning support, and grant funding to achieve both short- and long-term financial goals.
What is the SEED Fund?
The SEED Fund combines grant funding and financial coaching to support family child care business owners in Philadelphia. With a specific focus on retirement planning, grantees will work alongside coaches to build long-term financial plans and receive grant funds to support these plans. The program will provide both group and 1-on-1 coaching, as well as micro grants to support the implementation of these financial plans.
This program is supported through a partnership with Quality Influential Professionals (QIP) and Latinos Educando Juntos (LEJ). Both organizations will provide coaching and support for grantees throughout the length of the program.
Who Can Apply?
- Licensed home-based care providers in Philadelphia, PA
- Longstanding programs will be prioritized
- Programs with current budgets and active financial management systems will be prioritized
How to Apply?
The application for the SEED Fund is now open. Please click here to begin your application.
The deadline to submit an application is April 3rd.
Steps:
- Start your application through Reinvestment Fund’s online application platform, SmartSimple.
- If you do not already have a SmartSimple account, you must create a free account here.
- For instructions on creating an account, please visit here.
- Applications are available in multiple languages, please let us know if you need an application in a language other than English.